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Celestica (CLS) could produce exceptional returns because of its solid growth attributes.
Celestica (CLS) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.47 per share a year ago.
Celestica (CLS) is expected to witness a top-line expansion year over year in the first quarter of 2024, backed by healthy demand in its networking portfolio.
Recently, Zacks.com users have been paying close attention to Celestica (CLS). This makes it worthwhile to examine what the stock has in store.
The latest trading day saw Celestica (CLS) settling at $43.81, representing a -1.82% change from its previous close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Celestica (CLS) closed at $46.02 in the latest trading session, marking a -0.09% move from the prior day.
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Celestica's first quarter financial results and conference call will take place on Thursday, April 25. The conference call start time is 8:00am ET. Financial results will be released after market close on Wednesday, April 24.
The stock market has performed remarkably well lately. Within the last 12 months, the S&P 500, a benchmark representation of the U.S. stock market comprised of the 500 largest publicly traded companies, has increased by 26%.
CLS looks like the ultimate AI pick at a reasonable price, unlike many other stocks in this space that have gone up too much recently. Read on. The company's strong financial performance includes increased revenue, improved operating profit margins, and successful Q4 results. Celestica's balance sheet is healthy, with decreasing debt ratios, and the company has a track record of shareholder returns through buybacks.